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Sonoma Systems Inc

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August 16, 2000 | Reuters
Nortel Networks Corp. said it agreed to acquire Sonoma Systems Inc., a Marina del Rey-based maker of Internet access equipment, for as much as $540 million in stock. The Canadian telecommunications giant struck the deal just six months after it began an arrangement to incorporate Sonoma's technology in a range of its network products. Sonoma makes network access devices that deliver video, data and voice communications simultaneously over a single connection. Sonoma has about 125 employees.
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BUSINESS
August 16, 2000 | Reuters
Nortel Networks Corp. said it agreed to acquire Sonoma Systems Inc., a Marina del Rey-based maker of Internet access equipment, for as much as $540 million in stock. The Canadian telecommunications giant struck the deal just six months after it began an arrangement to incorporate Sonoma's technology in a range of its network products. Sonoma makes network access devices that deliver video, data and voice communications simultaneously over a single connection. Sonoma has about 125 employees.
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